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Kenedix (Kenedix) Days Payable : 20.64 (As of Sep. 2020)


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What is Kenedix Days Payable?

Kenedix's average Accounts Payable for the three months ended in Sep. 2020 was $3.3 Mil. Kenedix's Cost of Goods Sold for the three months ended in Sep. 2020 was $14.5 Mil. Hence, Kenedix's Days Payable for the three months ended in Sep. 2020 was 20.64.

The historical rank and industry rank for Kenedix's Days Payable or its related term are showing as below:

KNDXF's Days Payable is not ranked *
in the Real Estate industry.
Industry Median: 96.91
* Ranked among companies with meaningful Days Payable only.

Kenedix's Days Payable increased from Sep. 2019 (4.56) to Sep. 2020 (20.64). It may suggest that Kenedix delayed paying its suppliers.


Kenedix Days Payable Historical Data

The historical data trend for Kenedix's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kenedix Days Payable Chart

Kenedix Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.77 44.44 20.15 3.74 3.67

Kenedix Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.56 2.78 24.86 10.43 20.64

Competitive Comparison of Kenedix's Days Payable

For the Real Estate - Diversified subindustry, Kenedix's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kenedix's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kenedix's Days Payable distribution charts can be found below:

* The bar in red indicates where Kenedix's Days Payable falls into.



Kenedix Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Kenedix's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

Days Payable (A: Dec. 2019 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2018 ) + Accounts Payable (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (4.447 + 4.216) / 2 ) / 430.216*365
=4.3315 / 430.216*365
=3.67

Kenedix's Days Payable for the quarter that ended in Sep. 2020 is calculated as:

Days Payable (Q: Sep. 2020 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2020 ) + Accounts Payable (Q: Sep. 2020 )) / count ) / Cost of Goods Sold (Q: Sep. 2020 )*Days in Period
=( (3.002 + 3.561) / 2 ) / 14.509*365 / 4
=3.2815 / 14.509*365 / 4
=20.64

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Kenedix Days Payable Related Terms

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Kenedix (Kenedix) Business Description

Traded in Other Exchanges
N/A
Address
KDX-Shinbashi Building, 2-2-9, Shinbashi, Minato-ku, Tokyo, JPN, 105-0004
Kenedix Inc is an independent real estate asset management company based in Japan. In addition to real estate asset management, the group offers a host of other services from fund structuring to exit. Kenedix's offerings include real estate investment trusts, one each for office buildings and residential properties, and a private REIT for large-scale office buildings and other types of properties. The majority of the group's properties are office buildings located in the Tokyo metropolitan area. Kenedix uses its real estate networks and relationships to support a brokerage service and financial advisory service.

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